Laramide Resources Stock Price on December 13, 2024

LAM Stock  CAD 0.66  0.02  2.94%   
Below is the normalized historical share price chart for Laramide Resources extending back to January 10, 1992. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Laramide Resources stands at 0.66, as last reported on the 15th of December 2024, with the highest price reaching 0.69 and the lowest price hitting 0.65 during the day.
200 Day MA
0.6987
50 Day MA
0.7414
Beta
0.822
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Laramide Stock, it is important to understand the factors that can impact its price. Laramide Resources appears to be out of control, given 3 months investment horizon. Laramide Resources has Sharpe Ratio of 0.12, which conveys that the firm had a 0.12% return per unit of risk over the last 3 months. By analyzing Laramide Resources' technical indicators, you can evaluate if the expected return of 0.57% is justified by implied risk. Please exercise Laramide Resources' Mean Deviation of 3.5, downside deviation of 3.83, and Risk Adjusted Performance of 0.0881 to check out if our risk estimates are consistent with your expectations.
  
At this time, Laramide Resources' Common Stock Shares Outstanding is very stable compared to the past year. As of the 15th of December 2024, Other Stockholder Equity is likely to grow to about 50.2 M, while Total Stockholder Equity is likely to drop about 53.7 M. . At this time, Laramide Resources' Price Book Value Ratio is very stable compared to the past year. As of the 15th of December 2024, Price To Book Ratio is likely to grow to 1.65, while Price To Sales Ratio is likely to drop 833.42. Laramide Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1171

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsLAM
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 4.9
  actual daily
43
57% of assets are more volatile

Expected Return

 0.57
  actual daily
11
89% of assets have higher returns

Risk-Adjusted Return

 0.12
  actual daily
9
91% of assets perform better
Based on monthly moving average Laramide Resources is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Laramide Resources by adding it to a well-diversified portfolio.
Price Book
1.6925
Enterprise Value Ebitda
(72.80)
Shares Float
227.4 M
Wall Street Target Price
1.2833
Earnings Share
(0.02)

Laramide Resources Valuation on December 13, 2024

It is possible to determine the worth of Laramide Resources on a given historical date. On December 13, 2024 Laramide was worth 0.69 at the beginning of the trading date compared to the closed value of 0.66. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Laramide Resources stock. Still, in general, we apply an absolute valuation method to find Laramide Resources' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Laramide Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Laramide Resources' related companies.
 Open High Low Close Volume
  0.68    0.69    0.67    0.68    63,821  
12/13/2024
  0.69    0.69    0.65    0.66    146,670  
  0.69    0.69    0.65    0.66    0.00  
Backtest Laramide Resources  |  Laramide Resources History  |  Laramide Resources Valuation   PreviousNext  
Open Value
0.69
0.66
Closing Value
15.38
Upside

Laramide Resources Trading Date Momentum on December 13, 2024

On December 15 2024 Laramide Resources was traded for  0.66  at the closing time. The maximum traded price for the trading interval was 0.69  and the lowest daily price was  0.65 . There was no trading activity during the period 0.0. Lack of trading volume on 15th of December 2024 did not cause price change. The trading delta at closing time to the closing price today is 4.55% .

Laramide Resources Fundamentals Correlations and Trends

By evaluating Laramide Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Laramide Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Laramide financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Laramide Resources Stock history

Laramide Resources investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Laramide is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Laramide Resources will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Laramide Resources stock prices may prove useful in developing a viable investing in Laramide Resources
Last ReportedProjected for Next Year
Common Stock Shares Outstanding228.8 M240.3 M
Net Loss-708.2 K-743.6 K

Laramide Resources Stock Technical Analysis

Laramide Resources technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Laramide Resources technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Laramide Resources trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Laramide Resources Period Price Range

Low
December 15, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Laramide Resources cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Laramide Resources December 15, 2024 Market Strength

Market strength indicators help investors to evaluate how Laramide Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Laramide Resources shares will generate the highest return on investment. By undertsting and applying Laramide Resources stock market strength indicators, traders can identify Laramide Resources entry and exit signals to maximize returns

Laramide Resources Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Laramide Resources' price direction in advance. Along with the technical and fundamental analysis of Laramide Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Laramide to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Other Information on Investing in Laramide Stock

Laramide Resources financial ratios help investors to determine whether Laramide Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Laramide with respect to the benefits of owning Laramide Resources security.